Sperry Van Ness #CRE National Sales Meeting 07-20-2015

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Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services. Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate, it has not been confirmed and should be independently verified. SVN.COM National Sales Call July 20, 2015

Transcript of Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Page 1: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services. Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate, it has not been confirmed and should be independently verified. SVN.COM

National Sales Call J u ly 2 0 , 2 0 1 5

Page 2: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Presenters:

Website

*For qualified transactions, 50% of the gross commission to the buy side.

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Please remember to hit *6 to unmute your line just before your presentation. Upon conclusion, please hit *6 to mute your line.

Page 3: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

6351 Vega Drive | Fort Worth, TX

Transaction Highlights: • Value-Add 216 Unit 1980's

Product (70% Occupied) • $50,000 Non-Refundable Earnest

Money Upon Execution of Contract

• Property Was Under Contract Within 2 Weeks of Marketing (30 Days Prior to Bid Date)

• Buyer Plans a Major Reposition of the Asset

• Sales Price Exceeded Seller's Expectations by 20%

Just Closed

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Todd Franks, CCIM | 972.916.9397 | [email protected] Sean Reynolds | 972.961.7963 | [email protected]

Website

*For qualified transactions, 50% of the gross commission to the buy side.

Page 4: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

3350 N. High School Road | Indianapolis, IN

Transaction Highlights:

• 100% occupied and stabilized retail center

• Achieved above market cap rate for purchasing client

• Under market rents create value-add investment for client

$1,070,000 | Just Closed

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Timothy Franz | 312.676.1874 | [email protected] Craig M. Franken | 312.529.5796 | [email protected]

Website

*For qualified transactions, 50% of the gross commission to the buy side.

Page 5: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Jiffy Lube Package | Lawrence, KS

Transaction Highlights:

• Closed with Peter Colvin

$1,395,000 | Just Closed

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

C. Sterling Scott, CCIM | 816.436.4600 | [email protected]

Website

*For qualified transactions, 50% of the gross commission to the buy side.

Page 6: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

4205 East Market Road | Warren, OH

Transaction Highlights:

• Sold the same property twice in less than one year

• California buyer

• 14 years remaining on term

• 5.5 cap

$2,275,000 | Just Closed

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Barbara Kreis BRE# 00797227 | 619.985.5592 | [email protected]

Website

*For qualified transactions, 50% of the gross commission to the buy side.

Page 7: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

365 Industrial Park Dr. | Mount Pocono, PA

Transaction Highlights:

• Utilized the auction process to get much higher price than was coming from traditional marketing

• Closed deal 36 days after going into contract with 78% financing

• 149,400 SF industrial building

• Industrial property is in triciary market and got attention from buyers nationwide

• Seller cancelled listing with other broker to shift marketing to the SVN platform

• Handled both sides of the deal

$4,326,000 | Just Closed

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Chris Baj | 484.245.1016 | [email protected]

Website

*For qualified transactions, 50% of the gross commission to the buy side.

Page 8: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

212-Units HAP Contract Portfolio | 4 Iowa locations

Transaction Highlights:

• 5 Properties In Eastern Iowa

• Third Portfolio Sold for this Seller

• Under Contract in 30 Days

• 100% Project Based Section 8 HAP Properties

• Family & Senior Properties

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Cody Doran | (312) 960-6766 | [email protected]

Reid Bennett, CCIM | (312) 960-6762 | [email protected]

Website

*For qualified transactions, 50% of the gross commission to the buy side.

$8,000,000 | Just Closed

Page 9: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

13408 - 13450 Jefferson Davis Highway | Woodbridge, VA

Transaction Highlights:

• Sold at 9.1% Cap Rate

• Took over year and half to sell

• Had this property under contract three times

• Over came Eminent Domain issues

• Initially was asking for $7 million and sold it for $11 million

$11,000,000 | Just Closed

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Kayvan Mehrbakhsh, CCIM, MBA | 703.734.2822 | [email protected]

Website

*For qualified transactions, 50% of the gross commission to the buy side.

Page 10: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

New Inventory: $31,657,000

Buy-Side Commission:

$809,350

Website

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

*For qualified transactions, 50% of the gross commission to the buy side.

Page 11: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights:

• With 200 rooms combined and the combined 18,000 SF Convention Center, the Hilton Garden Inn & Homewood Suites are the first choice for groups.

• 77% occupancy; $131 ADR

• Nationally. group business is on a rebound

• Fitness center, pool, whirlpool

• Minutes from the University of Illinois and Parkland Community College

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

Subject to Offer | For Sale

$1.5% | Buy Side Fee

Hilton Garden Inn | Champaign, IL

Tom Hamm | 203.968.1800 | [email protected] Alex Ruggieri | 217.398.1111 | [email protected]

Page 12: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights:

• With 200 rooms combined and the combined 18,000 SF Convention Center, the Hilton Garden Inn & Homewood Suites are the first choice for groups.

• 83% occupancy; $116 ADR

• Nationally. group business is on a rebound

• Fitness center, pool, whirlpool

• Minutes from the University of Illinois and Parkland Community College

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

Subject to Offer | For Sale

$1.5% | Buy Side Fee

Homewood Suites by Hilton | Champaign, IL

Tom Hamm | 203.968.1800 | [email protected] Alex Ruggieri | 217.398.1111 | [email protected]

Page 13: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights:

• Former Dollar General

• Starting Bid: $250,000

• Newer construction

• Ample parking

• Great visibility

• Move in ready

• Zoned C1 Commercial

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

Online and Onsite Auction

$2% | Buy Side Fee

6800 Shepherdsville Road | Louisville, KY

Bill Menish | (502) 939-0399 | [email protected]

Page 14: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights:

• Sealed Bid Auction: Bids Due 7/30/15 by 5pm

• 150 Cash Flowing, Section 8 Residential Rental Properties in Five Separate Portfolios

• Single family, 2 units, and 3 units

• Cooperating Broker Commission 2%

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

Sealed Bid Auction 2% | Buy Side Fee

6943 South Indiana | Chicago, IL

Diana Peterson | 312.756.7333 | [email protected]

Page 15: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights:

• Located in the heart of the Midtown Corridor of Downtown Cleveland just east of the ever-expanding Cleveland State U. complex

• Two buildings totaling 66,943 sq.ft. • Vehicle entrances on two major arteries • On site parking for 137 cars, including a 19

car heated underground garage with remote access and overhead door controls

• Approximately 31,650 sq. ft. is available in both buildings, with almost 16,000 sq.ft.of contiguous space in each of the two buildings

• Fitness center with lockers and showers • Ideal corporate HQ environment. • Plug and play work environment with

extensive cubes already in place • A must see investor/ user building! • Situated on the Euclid Avenue "Healthline"

with transit buses running every 6-7 minutes, providing access for employees and transportation to University Circle and Cleveland's CBD.

• Close proximity to interstates

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

Subject to offer | For Sale

2.5% | Buy Side Fee

3634-3636 Euclid Avenue | Cleveland, OH

Victor S. Voinovich Sr | 888.236.1435 | [email protected]

Page 16: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights: • Fortune 200 NYSE Investment

Grade National Tenant • Price reduced to 8.5% cap • DG Renewed Early to 2021 • Restaurant has new 3 year lease • Upscale restaurant/bar finishes • At Michigan border off I-94 Exit 1

to Lake Michigan Resort Town- New Buffalo

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

$1,299,000 | For Sale

$38,970 | Buy Side Fee

Dollar General Center | New Buffalo, MI

David De Maagd | 616.399.3955 | [email protected]

Page 17: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights:

• Extremely Motivated Seller • Excellent Exposure/High Traffic • 4 Corners, 2 on East University

Dr. & South 40th Street • 2 on South 40th Street & East

Winslow Ave. • 2 Contiguous Acres on West

side of South 40th St. • Zoned A-1 • Close to major highways and

Phoenix Sky Harbor International airport.

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

$1,300,000 | For Sale

$39,000 | Buy Side Fee

2812 S. 40th St. | Phoenix, AZ

Chip Kloppenburg | 480.425.5517 | [email protected] Judy Jones | 480.385.1588 | [email protected]

Page 18: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights: • 13.6% Cap Rate (Based on

Proforma) • Current rent 50% below market • $48.65 sq.ft • Upside potential due to vacancy

rate of 45%+ • New roof and electrical meters in

2012

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

$1,300,000 | For Sale

$39,000 | Buy Side Fee

3661 Brainerd Road | Chattanooga, TN

Michelle McCammon | 423.508.2531 | [email protected]

Page 19: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights: • Tremendous Upside! • Pro-forma cap rate of 14% + • $42.33/psf • Potential for a diversified mix of

credit tenants to provide rock-solid income.

• Property located at two major intersections .

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

$4,168,000 | For Sale

$125,040 | Buy Side Fee

6925 Shallowford Road | Chattanooga, TN

Michelle McCammon | 423-508-2531 | [email protected]

Page 20: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights:

• 8 storefront retail shopping center

• Near busy intersection of 191st & LaGrange

• Endcap available for tenant or user

• Attractive co-tenancy in the area

• Low Will County taxes

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

$2,450,000 | For Sale

$61,250 | Buy Side Fee

19031 Old LaGrange Road | Mokena, IL

Vincent D'Amico | 312.789.4864 | [email protected]

Page 21: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights:

• Class "A" Finishes

• Attractive two-story atrium

• Institutional quality tenants

• Low Will County taxes

• All vacant space is second generation

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

$4,499,000 | For Sale

$112,475 | Buy Side Fee

18927 Hickory Creek Dr | Mokena, IL

Vincent D'Amico | 312.789.4864 | [email protected]

Page 22: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights: • Price Reduction from $4.25MM

to $3.9MM • ±62,575 SF Medical Office

Investment priced at $68 PSF • Multi-tenant building,

historically well leased • Proforma cap. rate 10.62%

assuming 7% vacancy • Less than a mile from Georgia's

2nd largest licensed bed hospital

• 1.65 acre parking lot adjacent comprising 186 Parking Spaces

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

$3,900,000 | For Sale

$117,000 | Buy Side Fee

777 Cleveland Avenue | Atlanta, GA

Del Creviston | 770.992.5112 | [email protected] Catherine House BRE# 01327824 | 415.464.6401 | [email protected] Gene Levental | 513.321.7589 | [email protected]

Page 23: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights:

• Tremendous upside through management & exterior improvements

• Lowering economic vacancy to market average creates ability to increase income by $90,000 in one year

• No interior hallways

• Close to I-70

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

$5,700,000 | For Sale

$171,000 | Buy Side Fee

6851 Wayne Estates Blvd | Huber Heights, OH

Jonathan Jayson | 716.880.7850 | [email protected]

Page 24: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Offering Highlights:

• Chicago MSA

• Long Term Lease

• 10% Rent Increases Every 5 Years

• High Traffic Signalized Corner

50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE

Website

*For qualified transactions, 50% of the gross commission to the buy side.

$7,041,000 | For Sale

$105,615 | Buy Side Fee

Bank of America Ground Lease | Joliet, IL

Kevin D. Chin, CCIM BRE#00696127 | 415.922.2900 x 101 | [email protected] Sean Lutz | 312.529.5790 | [email protected] Dan Elliot | 312.529.5792 | [email protected]

Page 25: Sperry Van Ness #CRE National Sales Meeting 07-20-2015

Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services. Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate, it has not been confirmed and should be independently verified. SVN.COM

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